Cynotech Holdings appoints liquidators as Hawkins winds down company

Tue, 30 Jul 2013

By Tina Morrison July 30 (BusinessDesk) – Cynotech Holdings is being liquidated following a takeover by 1980s high-flyer Allan Hawkins. Hawkins, the former head of Equiticorp which collapsed after the 1987 share-market crash, began winding down the listed company after taking control in 2010. Interim liquidators have now been appointed to the company by the Auckland High Court, following an application by Hawkins, the company said in a statement to the stock exchange. Shares in Cynotech, which traded on the NZAX market, were halted on July 1...

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